welcome to anz’s 32 nd agm
DESCRIPTION
Welcome to ANZ’s 32 nd AGM. Directors online. Executive Management Committee. Review of 2000. Performance Customer Service and the Community Staff and Culture Strategy. Achieve superior financial performance. %. ROE. $m. NPAT. CAGR 13.3%. Total Shareholder Return. Cost Income Ratio. - PowerPoint PPT PresentationTRANSCRIPT
Achieve superior financial performance
1171 1175
1480
1703
400
600
800
1000
1200
1400
1600
1800
1997 1998 1999 2000
$m NPAT
CAGR 13.3%
18.3
16.915.5
17.2
10
12
14
16
18
20
1997 1998 1999 2000
% ROE
51.7
54.5
60.963.1
45
50
55
60
65
1997 1998 1999 2000
Cost Income Ratio
100
100
84
135
020406080
100120140160
1997 1998 1999 2000
Total Shareholder Return
Rebalance the portfolio
302
772
547
647251
149
1997 2000
Net Profit After Tax Loans & Advances
PFS
CFS
International
41577
65264
46861
456847966
5930
1997 2000
27%
50%
23%
49%
41%
10%
56%
39%
5%
43%
49%
8%
• Includes Grindlays
• Excludes Group
Enhance our leadership position in Corporate Banking
6
6.5
7
7.5
8
8.5
1995 1996 1997 1998 1999 2000
ANZ
Our
Peers
Source: Roberts Research
Reduce the risk profile of the Bank
43
3936
20
25
30
35
40
45
AN
Z 1
99
9
AN
Z 2
00
0
AN
Z 2
00
0-
exG
rin
dla
ys
Economic Loss Provisioning Factors
bp’s
1997 1998 1999 2000
Market Risk (Av. VaR)
A$m2323
5.4 4.4
• Beta reducing towards 1.0, in line with peer average
• Achieve superior financial performance
– deliver double digit earnings growth
– improve return on equity
– reduce our cost income ratio to 53%
• Rebalance the portfolio
– increase our business with Personal customers
• Enhance our leadership position in Corporate Banking
• Simplify and focus International
• Build momentum in eCommerce
• Reduce our risk profile
Commitments to shareholders
Positive re-rating over the last 12 months
$8.00
$10.00
$12.00
$14.00
$16.00
01-Oct-99 29-Feb-00 26-J ul-00
ANZ Share Price
13-Dec-00
Market share gains
10
11
12
13
14
15
Sep-98 Sep-99 Sep-00
Mortgages Cards
20
22
24
26
28
30
Sep-98 Sep-99 Sep-00
10
10.5
11
11.5
12
Sep-98 Sep-99 Sep-00
Deposits
Funds Management – strong investment performance
ANZ Asset Management Fund
Australian Shares – Specialist Funds
Australian Fixed Interest – Special Funds
ANZ Super Pool Growth Fund
One Year Performance
Three Year Performance
5th out of 28
6th out of 31
2nd out of 32
1st out of 21
5th out of 27
1st out of 29
Source: Mercer Investment Consulting
A leader in Corporate Banking
Best Bank in AustraliaUS Global Finance Magazine 1999
Best FX Bank AustraliaFX Week 1999
No. 1 Arranger, Asia & Australia Global Finance
No. 1 Arranger - Asia Pacific Project Finance International 1999
World No. 1 FX Options AUDRisk Magazine 1999
Derivatives/Risk Management House of the Year INSTO Magazine 2000
#1 Domestic Commercial Paper Asia Money July 2000
Best FX Bank of the YearINSTO Magazine 2000
No. 1 Trade Services Provider in AustralasiaBrand Wood International 2000
No. 1 in Sub-custody in AustralasiaGlobal Investor Magazine 2000
Over 500,000 customers registered
0
100000
200000
300000
400000
500000
Oct-99 Apr-00 Oct-00
0
10000
20000
30000
40000
50000
60000
70000
80000
90000
Oct-99 Apr-00 Oct-00
Australia New Zealand
Major eCommerce initiatives
• Internet banking
• e-payments
• anzebiz.com
• ANZ E*TRADE
• FX online
• eauto
B2B and B2C Enabling
Joint venture with OCBC Bank
Regional e-based financial institution
+
Internet Service Provider
Online Stockbroking
Retail Alliances
Leading Financial Portal
Banking front end
Staff and Culture
Staff celebrating their victory as the best
financial services call centre in Australia
Substantial improvement in staff satisfaction
0
10
20
30
40
50
60
70
1999 2000
49%
58%
From staff survey July 2000
0.0
1.0
2.0
3.0
4.0
5.0
86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02
% change from year earlier ANZ
forecasts
Global growth is expected to slow in 2001
World Economic Growth
GDP
4.0
4.5
5.0
5.5
6.0
6.5
7.0
7.5
8.0
8.5
9.0
94 95 96 97 98 99 00 01
% per annum
90-daybills
Cash
Short-term interest rates
ANZforecasts
Australian interest rates have peaked
New Zealand economy is showing signs of recovery
-2
-1
0
1
2
3
4
5
6
7
90 91 92 93 94 95 96 97 98 99 00 01 02 03
ann. % ch.
ANZforecasts
GDP
Resolution 2 (a)
Re-election of Mr C B Goode as a director
Votes Votes Votes For Against Open
_____ ___% _____ ___% _____ ___%
AGM 2000